The Real Deal Miami

Biggest price cut of the day

June 03, 2010 04:30PM

450 Alton Road

The South Florida home to see the biggest price cut today is a three-bedroom, three-bathroom condo at 450 Alton Road in Miami Beach, according to data from Condo Vultures Realty. The $1.399 million Miami-Dade County home saw a $351,000, or 20 percent, price cut off its last asking price of $1.75 million when it hit the market in July 2009. The 2,158-square-foot unit overlooks the Biscayne Bay. Donna Stewart of the U.S. Realty Bureau has the listing. (Condo Vultures data includes condos and single-family home listings in the main metropolitan areas of Miami, Fort Lauderdale, West Palm Beach and Key West that are priced at $1 million and above, and that include photographs. Listings are taken from the South Florida MLS.) TRD